Alabama Gov. Robert Bentley said he believes that the state’s Legislature will pass a fuel-tax increase that he has endorsed to pay for infrastructure improvements.
November 9, 2015Government, Fuel, Business
Alabama Governor Endorses Fuel-Tax Hike, Predicts it Will Pass in 2016
Business, Fuel
3Q Fleet Failures Remain Low, Aided by Fuel, Rates, Capacity
Fleet failures remained at historically low levels in the third quarter as fuel, rate and capacity conditions remained favorable enough to keep marginal fleets afloat, according to a new report.
November 9, 2015Fuel, Business, Government
Michigan OKs Fuel Tax Increase in $1.2 Billion Infrastructure Plan
After making little progress for months in producing a bipartisan highway bill, both chambers of the Michigan Legislature passed two bills not long before midnight Nov. 3 that eventually will deliver $1.2 billion for the state’s roads.
November 9, 2015Business, Fuel, Government, Autonomous
3Q Intermodal Freight Growth Slows to 3.4%; Fuel Prices, Capacity Stunt Domestic Business
Growth in truck-rail freight slowed to 3.4% in the third quarter, the Intermodal Association of North America reported, as domestic growth was stunted by truckers taking advantage of favorable fuel prices and capacity.
November 9, 2015Business, Fuel
US Diesel Average Declines 1.3¢ to $2.485; Price Is $1.138 a Gallon Below Year Ago
The U.S. average retail diesel price fell 1.3 cents a gallon to $2.485, the third consecutive weekly decline, the Department of Energy reported Nov. 2.
November 9, 2015Government, Business, Fuel
Obama Rejects Keystone Pipeline in Win for Environmentalists
President Obama rejected TransCanada Corp.’s bid to build the Keystone XL pipeline, ending seven years of debate over an infrastructure project that swelled into one of the most contentious environmental issues of his presidency.
November 6, 2015Business, Fuel
Trilogy’s CNG Fuel Technology Sold to Worthington Industries
Worthington Industries said it has acquired Trilogy Engineered Solutions’ compressed natural gas fuel technology for heavy-duty trucks. Terms of the transaction were not disclosed.
November 4, 2015Business, Fuel
National Diesel Average Falls 1.3¢ to $2.485
The average price of diesel fuel in the United States declined 1.3 cents a gallon to $2.485, the third consecutive weekly decline, the Department of Energy reported Nov. 2.
November 3, 2015Business, Fuel
BP Says Technology Can Keep Oil and Gas Abundant, Affordable
Technology can be used to increase the world’s proven oil and gas reserves by two-thirds — almost double the amount needed to meet demand through 2050 — keeping energy supplies plentiful and affordable, according to BP.
November 3, 2015Government, Business, Safety, Fuel
Rep. Earl Blumenauer Aims to Raise Fuel Tax by 15 Cents
As the House of Representatives begins to consider long-term transportation legislation, Rep. Earl Blumenauer (D-Ore.) plans to offer an amendment to the $325 billion bill that would raise the federal fuel tax by 15 cents a gallon.
November 2, 2015